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|Haunted by Debt ... Bet on Trendlines ... The China Trigger|
Here’s a summary of stories from this past trading week, with a link to the full articles online.
$9.4 Trillion in Budget Deficits
And That’s BEFORE any tax cuts!
If the day comes when the U.S. can’t pay its debts, all heck will break loose, says Martin Weiss, Ph.D. Expect our economy to shatter as bond prices collapse, interest rates surge, and federal jobs vanish. And Dr. Weiss warns, that day may be closer than you think.
Bet on Trendlines Not Headlines
No matter how scary the headlines may be, investors keep calm and carry on. Jon Markman observes: Even the most sensational news stories won’t have any effect on a genuine trend.
Why China Will Trigger Our Next Stock Market Selloff
The stock market rally is running on fumes. And almost anything could send it into a sputtering freefall. But Mike Burnick says the biggest threat comes from China as it cracks down on excessive credit and debts. He explains it all here.Banks Finally Join the Cloud Revolution
A new 24/7 personal cyber-assistant hints of what’s to come from banks as they gravitate to cloud computing. The AI chatbot – called Erica – even helps manage your finances by analyzing your personal spending and saving habits. Jon Markman introduces you to Erica here.
What Are the Odds of a Trump Impeachment?
Our controversial president is at it again – we all know it. It’s all over the news. But Bill Hall’s job is to push his personal biases aside and analyze the impact of this new political information. What he’s discovered is truly astonishing.